Post by account_disabled on Nov 12, 2023 6:13:58 GMT
Code provided that the parties have not agreed otherwise. The contractual penalty is added to the compensation, but the parties may also agree that the creditor may alternatively demand either a contractual penalty or, after waiving it, compensation on general terms. IMPORTANT - the claim for payment of a contractual penalty expires upon the expiry of the limitation period for the claim for the main performance. The amount of the contractual penalty – how to determine it? The provision of Art. section of the Civil Code states that a contract may stipulate.
That compensation for damage resulting from non-performance or improper performance of a non-monetary obligation will be made by payment of a specific sum contractual penalty . Therefore, the provisions of civil law do not provide for specific criteria by which the amount philippines photo editor of the financial penalty should be determined. The regulations only require the indication of a specific amount, which may consist in indicating a specific amount of money or a method of calculating its amount, for example by indicating a percentage of the value of the main benefit.
For each day of the debtor's delay. If you want to see what types of contractual penalties there are, go to this article. Case law Judgment of the Court of Appeal in Wrocław of October , , reference number I AGa / Objective determination of the penalty does not have to consist in a rigid determination of the sum of money constituting the contractual penalty, but may be achieved indirectly by indicating the basis for its determination in such a way that both the parties to the contract and the court hearing the dispute between them are able to calculate the amount of the contractual penalty.
That compensation for damage resulting from non-performance or improper performance of a non-monetary obligation will be made by payment of a specific sum contractual penalty . Therefore, the provisions of civil law do not provide for specific criteria by which the amount philippines photo editor of the financial penalty should be determined. The regulations only require the indication of a specific amount, which may consist in indicating a specific amount of money or a method of calculating its amount, for example by indicating a percentage of the value of the main benefit.
For each day of the debtor's delay. If you want to see what types of contractual penalties there are, go to this article. Case law Judgment of the Court of Appeal in Wrocław of October , , reference number I AGa / Objective determination of the penalty does not have to consist in a rigid determination of the sum of money constituting the contractual penalty, but may be achieved indirectly by indicating the basis for its determination in such a way that both the parties to the contract and the court hearing the dispute between them are able to calculate the amount of the contractual penalty.